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In the meantime, several countries led first by the European Union have begun to propose and implement digital services taxes (DSTs) which have a number of aims: to raise tax revenues; to put pressure on other countries – in particular the United States – to reach an agreement; and, arguably, to create a level playing field until the OECD/G20 framework reaches an agreement or comes into force.
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption ...
English: Map of the USA with states shaded according to the status of taxation on digital goods: States relying on general tax laws to govern digital goods .
fmcide.gov.ng. The Federal Ministry of Communications, Innovation and Digital Economy in Nigeria is a government ministry responsible for overseeing the development, implementation, and regulation of policies related to communications, innovation, and digital economy sectors within the country. The current minister is Dr Bosun Tijani.
Digital economy. The digital economy is a portmanteau of digital computing and economy, and is an umbrella term that describes how traditional brick-and-mortar economic activities (production, distribution, trade) are being transformed by the Internet and World Wide Web technologies. [1] [2]
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited or restricted by law, non-compliance with the rule ...
Harris will also draw contrasts with Trump on tax policy and tariffs, and maintain Biden's promise not to raise taxes on people who make $400,000 or less a year, advisers said.
Budget Office of the Federation (BOF) [24] Bureau of Public Enterprises (BPE) [25] Bureau of Public Procurement (BPP) [26] Central Bank of Nigeria (CBN) [27] Corporate Affairs Commission (CAC) [28] Debt Management Office (DMO) [29] Federal Inland Revenue Service (FIRS) [30] Federal Mortgage Bank of Nigeria (FMBN) [31] Fiscal Responsibility ...